Ex-Prosecutor Says Trump’s New Cash Brag Is The ‘Dumbest Thing’ He Could’ve Done | EUROtoday

Donald Trump spent Friday morning blasting out capitalized screeds on his social media platform, together with the declare that he has practically $500 million “IN CASH.”

According to authorized specialists, that was not a clever transfer.

“THROUGH HARD WORK, TALENT, AND LUCK, I CURRENTLY HAVE ALMOST FIVE HUNDRED MILLION DOLLARS IN CASH, A SUBSTANTIAL AMOUNT OF WHICH I INTENDED TO USE IN MY CAMPAIGN FOR PRESIDENT,” Trump wrote on Truth Social.

The GOP’s presumptive presidential nominee continued with a conspiracy idea in regards to the New York choose who oversaw his civil fraud case, claiming that Judge Arthur Engoron knew how a lot money Trump had and “WANTED TO TAKE IT AWAY FROM ME.”

Trump was ordered by Engoron final month to pay greater than $350 million in damages, plus curiosity, for many years of fraudulent enterprise practices. The former president is interesting the decision and should publish bond by Monday, or face the seizure of his property by New York Attorney General Letitia James.

Trump’s group claimed in a court docket submitting this week that “obtaining an appeal bond for $464 million is a practical impossibility under the circumstances presented.” (That determine contains $454 million for Trump himself and thousands and thousands extra to cowl the disgorgement for his sons.) The temporary mentioned that he had been rejected by 30 bond firms, which might solely settle for money or money equivalents as collateral.

Nick Akerman, a authorized analyst and former Watergate prosecutor, appeared Friday morning on CNN to debate the developments.

“That is the dumbest thing he could have possibly done, to put that on Truth Social, because that is a direct admission by him that he has the money,” Akerman mentioned, in a clip flagged by Mediaite.

“Keep in mind, even with this operating money or cash that he supposedly has, if he doesn’t pony up and put up a bond, Letitia James is going to be able to go in and basically put restraining orders on all of his bank accounts,” he continued.

“Everything that relates to him and all of that money is going to be tied up and frozen. So if he’s really got that money, he’s got to put it up.”

Other authorized minds additionally chimed in.

Renato Mariotti, a former federal prosecutor, mentioned on social media that “you can expect the court to ask Trump’s lawyers about this,” given the contradiction with this week’s court docket submitting.

Norm Eisen, a CNN authorized analyst and former White House ethics lawyer, mentioned that Trump’s Truth Social publish was “so dumb.”

“AG Tish James can help herself, including to this supposed money!” he tweeted.

“Hard to imagine that anyone could think this man is mentally and psychologically fit to be president of the United States,” conservative lawyer George Conway tweetedalongside a screenshot of Trump’s publish. “But here we are.”

MSNBC host and authorized contributor Katie Phang mentioned that the publish “should make it easier for the appellate court to decide what to do with Trump’s motion to stay Tish James’ execution on her judgment.”

“Paging @NewYorkStateAG!” Phang wrote in a separate tweet, utilizing a deal with for the lawyer basic. “Cash clean-up in Aisle 454!”